Tips for Finding Self Storage in Simi Valley, CA
If you're searching for self storage in Simi Valley, there are a few things you should keep in mind. Storage unit prices and availability in Simi Valley are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Simi Valley, we pulled in data from the US Census.Simi Valley, CA Moving and Storage
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Simi Valley, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Simi Valley we can get a better idea of the amount of moving activity. From 2010 to 2014, the Simi Valley metro area population grew from 124,497 to 126,871, a growth rate of 1.91% according to the US Census.Real Estate and Self Storage in Simi Valley, CA
Vacancy and occupancy rates in the Simi Valley housing market can help us gauge the demand for living space and thus self-storage space in Simi Valley, and may hint at storage availability and pricing. If housing occupancy rates in Simi Valley are high, it's probably safe to assume that storage facility occupancy rates in Simi Valley are also high, which would push unit prices up. Simi Valley is estimated to have a 97% housing occupancy rate, while the vacancy rate is at 3%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Simi Valley may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Simi Valley than in other cities.